Morgan Stanley Correlations

IIF Fund

USD 22.12 -0.04 -0.18%

Rolling correlation with major benchmarks shows how the stock's diversification benefit shifts over time. The current 90-days correlation between Morgan Stanley India and Morgan Stanley China is 0.38 (i.e., Moderate diversification).

Market Linkage for Morgan Stanley

Minimal diversification benefit

Across the chosen horizon, Morgan Stanley and Dow Jones show a correlation of 0.91 and fall into the Minimal diversification benefit bucket. Lower overlap tends to improve diversification, while higher overlap means both positions carry similar risk.

Morgan Stanley has a market cap of 279.82 M, an operating margin of -141.65% (TTM), current ratio of 12.98. Profitability and liquidity metrics provide a baseline for evaluating financial health. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence Morgan Stanley India's fund valuation - related indicators include signals in gross domestic product.

Exploring Morgan Fund for the first time? Start with our How to Buy Morgan Fund step-by-step guide. It provides a clear overview of how to add Morgan Stanley to your portfolio. It is a useful companion to the data and analysis available for Morgan Fund.

Moving together with Morgan Fund

0.94	TEI	Templeton Emerging	Pair Corr
0.92	PHK	PIMCO High Income	Pair Corr
0.78	HIO	Western Asset High	Pair Corr
0.94	EHI	Western Asset Global	Pair Corr
0.87	HIX	Western Asset High	Pair Corr
0.95	PCN	PIMCO Corporate Income	Pair Corr
0.92	PFN	PIMCO Income Strategy	Pair Corr
0.93	PTY	PIMCO Corporate Income	Pair Corr
0.93	FFC	Flaherty Crumrine	Pair Corr
0.67	FXNCX	Franklin North Carolina	Pair Corr
0.64	VSMVX	Vanguard Sampp Small	Pair Corr
0.71	VEVFX	Vanguard Explorer Value	Pair Corr
0.73	FGEHX	Fidelity Advisor Global	Pair Corr
0.66	SEQFX	Sit Emerging Markets	Pair Corr
0.78	ECTVX	Eaton Vance Tax	Pair Corr
0.72	FRBLX	Fidelity Advisor Freedom	Pair Corr
0.62	PNYCX	Dreyfus New York	Pair Corr
0.67	FAJYX	Fajyx	Pair Corr
0.66	FAFOX	Nuveen Kansas Municipal	Pair Corr
0.67	FHTKX	Fidelity Freedom 2040	Pair Corr
0.68	FNSFX	Fidelity Freedom 2060	Pair Corr
0.74	JIJSX	JPMORGAN SMARTRETIREMENT*	Pair Corr
0.73	VSVNX	Vanguard Target	Pair Corr
0.74	IMOYX	Pioneer Solutions	Pair Corr

Moving Against Morgan Fund

0.51	TFCYX	Tax Free Conservative	Pair Corr
0.84	PDX	PIMCO Energy Tactical	Pair Corr
0.8	FCSSX	Fidelity Series Commodity	Pair Corr
0.78	FFNVX	Fidelity Advisor Energy	Pair Corr
0.69	AIWEX	World Energy Steady Growth	Pair Corr
0.41	VARCX	First Trust Merger	Pair Corr
0.37	KSCYX	Kinetics Small Cap	Pair Corr
0.36	RAPCX	Cohen Steers Real	Pair Corr

Related Correlations Analysis

	CAF	NSCCX	POPFX	TRRUX	EMF	SPE	OPP	JCE	FMPFX	RIV
CAF		0.55	0.25	0.71	0.78	0.83	0.52	0.77	0.78	0.74	CAF
NSCCX	0.55		-0.42	0.89	0.83	0.66	0.83	0.87	0.87	0.83	NSCCX
POPFX	0.25	-0.42		-0.28	-0.11	0.32	-0.49	-0.28	-0.05	-0.05	POPFX
TRRUX	0.71	0.89	-0.28		0.96	0.75	0.86	0.9	0.83	0.91	TRRUX
EMF	0.78	0.83	-0.11	0.96		0.84	0.78	0.85	0.84	0.94	EMF
SPE	0.83	0.66	0.32	0.75	0.84		0.52	0.74	0.86	0.9	SPE
OPP	0.52	0.83	-0.49	0.86	0.78	0.52		0.75	0.65	0.74	OPP
JCE	0.77	0.87	-0.28	0.9	0.85	0.74	0.75		0.91	0.85	JCE
FMPFX	0.78	0.87	-0.05	0.83	0.84	0.86	0.65	0.91		0.88	FMPFX
RIV	0.74	0.83	-0.05	0.91	0.94	0.9	0.74	0.85	0.88		RIV
	CAF	NSCCX	POPFX	TRRUX	EMF	SPE	OPP	JCE	FMPFX	RIV

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

EMF	+ 0.96	TRRUX
RIV	+ 0.94	EMF
RIV	+ 0.91	TRRUX
FMPFX	+ 0.91	JCE
JCE	+ 0.9	TRRUX
RIV	+ 0.9	SPE

High negative correlations

OPP	- 0.49	POPFX
POPFX	- 0.42	NSCCX
JCE	- 0.28	POPFX
TRRUX	- 0.28	POPFX
EMF	- 0.11	POPFX
RIV	- 0.05	POPFX

Risk-Adjusted Indicators

Strong recent returns in Morgan Fund do not always mean Morgan Stanley Fund is outperforming peers on business quality. Without risk-adjusted context, short-term returns may appear stronger than the volatility required to achieve them would suggest. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
CAF	0.82	0.04	0.03	0.07	1.16	-0.82	1.63	-1.81	6.60
NSCCX	0.90	0.05	0.04	0.04	1.26	-0.84	2.08	-1.97	5.59
POPFX	1.32	-0.59	0.00	2.35	0.00	0.00	1.01	-1.17	41.75
TRRUX	0.32	0.02	0.05	0.06	0.39	-0.35	0.66	-0.80	1.93
EMF	1.48	0.16	0.07	0.10	1.88	-1.55	3.50	-3.63	9.34
SPE	0.58	-0.04	0.00	-0.06	0.00	0.00	1.29	-1.32	3.41
OPP	0.41	0.05	0.07	0.37	0.62	-0.40	1.04	-1.05	3.20
JCE	0.75	0.02	0.02	0.03	0.94	-0.81	1.42	-1.67	5.55
FMPFX	1.14	-0.04	0.00	-0.03	0.00	0.00	2.32	-2.39	6.03
RIV	0.52	0.02	0.03	0.04	0.65	-0.59	1.20	-1.19	3.00